Tag Archives: gold

Russia Continues to Stack, Adding Nearly 25t of Gold in June

As we have covered before, Russia has been building up its gold reserves over the past nine years, and last month the country added a whopping 24.9 tons, increasing their total hoard to more than 1,275 tons of gold.   … Continue reading

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Chief Strategist Ed Moy Speaks with Bloomberg about Gold

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China Finally Reveals Gold Holdings

After six years, China finally revealed its “total” gold hoard today in a statement issued by the PBOC (People’s Bank of China). The grand total? 1,658 metric tons, placing the country in 5th place worldwide. It’s an increase of more … Continue reading

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Banks in Greece to Reopen Monday with Capital Controls Still in Place, New Problems for Puerto Rico and Jade Helm Begins…

With the European Central Bank finally agreeing to extend the much needed “emergency liquidity assistance” (read: cash), the banks of Greece are set to reopen on Monday. Capital controls are expected remain in place with daily limits on withdrawals set … Continue reading

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Latest FED Statement More of the Same: Don’t Panic, Everything’s Fine

Janet Yellen, Chairwoman of the Federal Reserve appeared before Congress today to speak about the current state of the economy and the potential for raising interest rates later this year. She was also grilled by several Republican Committee Members over … Continue reading

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U.S. Mint SELLS OUT of Silver

As we covered at the end of last week, sales of gold and silver coins from the U.S. Mint have recently skyrocketed as a result of increased consumer demand coupled with low prices. Overall sales from the mint increased more … Continue reading

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BRICS New Development Bank to Open July 7th

China announced on July 1st that the Standing Committee of the National People’s Congress officially ratified the agreement signed in Brazil last year to launch the New Development Bank for the BRICS nations. The bank’s Board of Governors are scheduled … Continue reading

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U.S. Mint Reports 250% Spike in American Eagle Sales as U.S. Consumer Gold Demand SKYROCKETS

The U.S. Mint released its sales numbers on Monday of this week indicating that purchases of American Eagle gold coins took off like a firework last month, rising by more than 250% for the month of June.   As the … Continue reading

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Why Right Now is the Best Time of the Year to Buy Gold

If you follow the day to day price fluctuations of gold, then you know that it usually shifts up or down a few dollars per day based on the latest economic data or geopolitical news. Sometimes it trends up or … Continue reading

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First Images of New ISIS Gold Coins Emerge

The first pictures of the new Islamic State’s gold Dinar coin emerged today. ISIS, also known as Daesh, announced last year that there were plans in place to begin minting its own gold-backed currency. Now it seems that those plans … Continue reading

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